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In Myanmar, economic opportunity and a renewed commitment to democracy are on the horizon if leader Aung San Suu Kyi wants them

Posted On: Sep 16, 2018   |   Posted By: Business Insider

In Myanmar, economic opportunity and a renewed commitment to democracy are on the horizon if leader Aung San Suu Kyi wants them

Myanmar has made strides toward democracy in recent years, following leader Aung San Suu Kyi's rise to power.
But the country has yet to free itself from the old guard of military rule, and the consequences of that are impossible to ignore.
As many as 800,000 Rohingya Muslims have fled Myanmar due to persecution, and their plight has gained the world's attention.
Now Suu Kyi has some tough choices to make - but the future of Myanmar's economy and Suu Kyi's National League for Democracy depend on it.
When Thura Ko went last week to meet some local partners in the Mandalay, he ordered a motorcycle-taxi through an app on his smartphone and paid for it with his credit card.
“We've gone from an 8% mobile penetration rate to 90% in six years,” said Ko, a foreign investor who has advised US and international investors who traveled to Myanmar. Ko moved to Yangon from Hong Kong six years ago and sees the rise of smartphones as a way of measuring how far the southeast Asian country has come in his short time living...

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